Easy Retirement

This is an extract of what I read in today's newspaper. More and more people start to carry this type of alternative concepts about retirement especially in this 21st century. You can't say its wrong. As a matter of fact, its a rather SMART way to go. But lie within is a huge hidden risk.The titles in above newspaper read:you don't need much during retirement, coz your liability has reducedliving...

There is NO such thing as Passive Income !?

21st century personal finance is moving away from saving and focus into the income arena. In short, the gurus are now educating public that saving is NOT good enough, hence sourcing for passive incomes on the another hand is a BETTER solution, than just saving alone.While the concept is definitely true and correct but unfortunately as the hypes go bigger and bigger, the idea of passive income has...

21st century Economy Politic Quadrant

The Economy-Political Quadrant may seems like telling where to keep or invest your money despite good or bad time.It indeed works very well during 20th century. Unfortunately comes to 21st century, not only has the year changed, personal finance arena has changed drastically as well.Gold has been speculated so much that it MAY no longer be the standard of money.There used to be only 'property' in...

East will take over West in ... 2020 ?

G7 are the 7 countries who have been dominating world finance since 20th century. Most of them are from Europe and North America, plus Japan.However, most would have known by now that some of them are no longer as great as they used to be in this 21st century.So E7 comes about where generally people think a new economical forces will emerge out taking over G7, they are (China, India, Brazil, Russia,...

Individual Income Tax Relief 2010

List of Tax Relief for Resident Individual 2010No.Individual Relief TypesAmount (RM)1Self and Dependent9,0002Medical expenses for parents5,000 (Limited)3Basic supporting equipment5,000 (Limited)4Disabled Individual6,0005Education Fees (Individual)5,000 (Limited)6Medical expenses for serious diseases5,000 (Limited)7Complete medical examination5,00 (Limited)8Purchase of books, journals and magazines1,000...